City State Bank Raises Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

City State Bank increased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 12.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,478 shares of the company’s stock after purchasing an additional 4,369 shares during the quarter. Vanguard Dividend Appreciation ETF makes up 2.5% of City State Bank’s holdings, making the stock its 7th largest position. City State Bank’s holdings in Vanguard Dividend Appreciation ETF were worth $7,464,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Curio Wealth LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $26,000. Parkworth Wealth Management Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $28,000. Providence First Trust Co bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $33,000. Comprehensive Financial Planning Inc. PA acquired a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $38,000. Finally, Synergy Investment Management LLC acquired a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $39,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG opened at $200.45 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $205.24. The firm has a market cap of $90.37 billion, a P/E ratio of 24.18 and a beta of 0.86. The firm’s 50-day simple moving average is $190.76 and its 200 day simple moving average is $196.43.

Vanguard Dividend Appreciation ETF Company Profile

Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund. The Fund will hold all the stocks in the index in approximately the same proportions as their weightings in the index.